Latest in STX Entertainment

EXCLUSIVE: We hear that STX Entertainment has made cuts, notably in its theatrical distribution and marketing departments in the lower-level executive tiers and down. The news comes as STX is pivoting away from 12 theatrical releases a year and more toward a multi-tiered distribution model. It plans to make 15 films a…

Lionsgate execs declined to offer any update on the status of Starz after announcing last fall that the company is exploring strategic options. Nor did STX Entertainment come up on its call Thursday to discuss third-quarter earnings with analysts. But Wall Street was buzzy about Starz. In response to a question, vice…

STX Entertainment, a subsidiary of the troubled, merged entity Eros STX, is in exclusive talks to be sold off to a third party. Eros STX confirmed the discussions today in a press release, declining to identify the potential buyer. Its stock, which began trading on the New York Stock Exchange last year, has dropped…

Rich Sullivan, who held top finance roles at Twitter, STX Entertainment and DreamWorks Animation, was named chief financial officer of saving and investing app Acorns as it preps for an IPO. The app – full name Acorns Grow – has more than four million subscribers and has helped them invest more than $9.6 billion…

STX Entertainment’s The Mauritanian follows the true story of Mohamedou Ould Slahi, who was unjustly jailed by the U.S. for 14 years in Guantanamo Bay for being a 9/11 plot suspect, and his attorney Nancy Hollander who crusaded against the legal system for his freedom. French actor Tahar Rahim plays Slahi and Jodie…

True stories provide fertile breeding ground for awards-season contenders, but few biographies are as rich and strange as that of Mohamedou Ould Salahi, who spent 14 years in Guantanamo Bay on flimsy terrorism charges as the U.S. fought an often-directionless war on terror. The story of how he came to be tracked and…

Mohamedou Ould Salahi endured unimaginable horror as an inmate of the U.S. government's notorious Guantanamo Bay detention center for more than 14 years. In all that time, no charge was ever leveled against him, and with the help of his tireless lawyer Nancy Hollander, who weathered extreme criticism for representing…

On Radioactive, production designer Michael Carlin created a sense of enormous scope with a relatively modest budget, recreating period environments from five countries, for a story spanning more than a century. Based on a graphic novel by Lauren Redniss, the drama tells the story of Marie Curie (Rosamund Pike), the…

Though she has starred in some of the most indelible movies in cinema history—Taxi Driver, The Silence of the Lambs, The Accused—and won two Oscars for doing so, Jodie Foster's output has slowed in recent years. And it is not a paucity of roles, she says, but rather a decision to become more selective about what she…

Veteran distribution executive Yvette Zhuang has been hired by Miramax as its SVP International Production and Distribution. Zhuang was most recently SVP of International Sales at STX Entertainment, the studio behind Bad Moms, The Upside, Molly's Game and Den of Thieves. She started her career in Australia ,working…

At today's The Contenders L.A. panel on STX Entertainment's Hustlers, writer director Lorene Scafaria said Jennifer Lopez was the first choice to portray stripper Ramona in the film, based on a 2015 New York magazine story about a group of strippers who turned the tables on their corrupt Wall Street customers by…

While everyone is expecting New Line’s It: Chapter 2 to tee us off into what is expected to be a lucrative fall-holiday season with at least a $90 million-$110 million start, one shocker that hit tracking last Thursday: STX Entertainment’s Jennifer Lopez-Constance Wu stripper crime drama came on with a hot $24M-$26M…